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Search Results 0 to 49 of about 462 (some duplicates have been removed)
NBC
Aug 16, 2009 2:30am EDT
this week is not so much what the feds did, but what it said, and joining us now to help interpret that and where the markets and the economy may be going next, mike cuggino is manager of the permanent portfolio funds with more than $4 million in funds, and diane swonk who is chief economist at mesirow capital. diane, they said that the financial conditions are leveling out and further financial conditions are improving further. do you agree? >> i agree. they certainly are leveling out and they certainly didn't say they were soaring ahead, did they? >> no. >> well, saying we are seeing some currents in the economy, and good news and bad news. the armageddon scenario is behind us, but we are moving into a recovery, but it is fragile at best, and that left the backdoor open to continue the quantitated easing if necessary, and expand the balance sheet, although i it would like as we continue into move into 2010 to reduce the ballness will sheet and not raise the rates for quite a while, but certainly accommodate it. >> well, what about it, mike? i think that at some point there needs
CNBC
Aug 19, 2009 4:00am EDT
-ed opinion piece in the "new york times" saying that the u.s. continues to need that stimulus, do everything that's important right now, but they have to keep an eye on the future, he says. estimate ewe husband and the net debt of the country is growing at 1 percentage point per month and that's something to worry about long-term. we'll talk more about that in a moment. taking a look at bond, the 10-year bund at this point trading down right now. the yield is lower at 3.27% ahead of the boe minutes which which are due out in the next hour. and also we've got the ten-year note here down to 3.45% having rallied at this point yesterday. taking a look at gold with a bit of dollar strength this morning, we are seeing a bit of gold weakness just a skosh, off 0.4% down about $3.85. joining us now is ivan mamale and simon grose-hodge in lichtenstein. simon, i want to start with you. in your notes, you say essentially the data that everyone has been pinning their recovery hopes on is starting to plateau. i'm wondering if you see the markets kind of in that same sort of stall pattern heading here into
CNBC
Aug 17, 2009 4:00am EDT
there looking?g? >> not too well, rebecca. as you know, asia is not getting a chance to react to the u.s. confidence data coming out on friday. a sell-off in the region. the kospi down 2.8%. the economy did nothing to lift the shang hang market. the hang seng down 3.6% and the sensex 2.3%. in terms of nymymenymex, down a. brent should be lower as well following it. brent is trading around the ranges of $70.95 a barrel. bertha, please give us some good news. >> christine, we seem to be taking our tone from you. the market looks to extend losses. futures well below fair value. we'll get another read on consumers. earnings from lowe's and data later from housing from the national association of realtors. those are likely to weigh on the markets. we've got dow futures 120 points or so below fair value. nasdaq futures well below. s&p futures as well. taking a look at the bond market, we are seeing a move to safe havens, the yields lower. the guild in london, a record low yield. the ten-year bund at 3.3%. the ten-year note here. we are going to hear from ben bernanke at the end of the week. th
CNBC
Aug 31, 2009 4:00am EDT
. no brent, we don't have brent, but it should be pulling, as well. mike, over to you in the u.s. how are you today? >> thanks, christine. doing well, thank you. hope you are too. and we're about 5 1/2 hours away from the opening bell here in the united states. and we do have the futures pointing toward a lower open across the board. basically investors doing a read through from what's going on in asia and china and barring a major meltdown in the stock market today. nonetheless, this could be the best stock rally, the best six-month rally, that is, since 1933. moving over to the treasury markets, even though we did see that slight selloff in the stock market on friday, we did see the price go up and the yield come down. that's continuing today at 2.3%, but maybe a pronounced selloff if we move on to the ten-year tee note. right now we have the yield pulling in again just a little bit at 3.4%. as far as gold is concerned, it did go up 1% in friday's trading, and it might be oil price related, christine was just talking about and also inflation fear-related, but we did see the price holding st
CNBC
Aug 26, 2009 3:00pm EDT
if there's a backlash against that. phil lebeau, thanks so much for joining us. and you heard it first on "street signs," the demi-ashton indicate or. sanjay kapoor told us to look to invest in countries that have an older population like demi moore over a younger generation like ashton kutcher. well, it turns out the hollywood power couple watched them and they weighed in on the demi-ashton ratio via twitter. here are the tweets between the couple. ashton says to demi, "i love that we've become the demi-ashton ratio. lmao. you can figure out what that means on your own. it seems that i'm now a control factor in the markets. he goes on to say that -- this is ashton. "i love that i'm described as the beer-drinking party boy with no cash." i guess he feels like he's done a few things recently to make some money, and probably rightly so. but that's pretty funny. they're watching "street signs." let's take a look at the markets here as we get into the close. we were just barely in positive territory. at last check the dow has now turned negative just in the past few minutes. it's essential
CNBC
Aug 10, 2009 4:00am EDT
>>> here in new york, markets taking a breather. commodity stocks and banks seeing -- >> in the u.s., state of wall street's rally could hinge this weekend on data on the consumer and the outcome of the fed meeting. >>> welcome to cnbc's worldwide exchange. we'll start out with a look at the global session at the beginning of the week. down six points. good session as we heard in japan in japan in particular today. nick kay off ten-month highs. one hour into their trading week taking profits from the ten-month highs we closed in at on friday. household goods, construction, weakest sectors at the moment.t. dollar is trying to retain most of its gains. lost a little bit of ground to the yen.n. still 97.40. ua dollar 141.89. bank of england's meeting last week and u.s. selling 85.33. nice to see you. >> hey, nice to see you, too. hope you had a good weekend. in asia, nice start to the week. duty optimism of the u.s. jobs on friday. fueling optimism. u.s. could lead the world into a recovery. that is providing support to the markets. ten-month high.. rise in machinery orders. first time
CNN
Aug 10, 2009 6:00am EDT
it's monday, the 10th of august. thanks for being with us, most news in the morning. >> i'm kiran chetry. we're following several stories we'll be breaking down in the next 15 years. a drug war, trade dispute and swine flu, all of that on president obama's agenda today. we're live in guadalajara, mexico where the president meets with the leaders of mexico and canada. >> back here at home, democrats are trying to break through the noise of the health care debate, it's growing louder by the dachlt anger and frustration not playing out of town hall meetings, what you our viewers have to say ahead. >> the latest on the dramatic midair collision between a small plane and a sightseeing helicopter over the hudson river. a deadly combination after the two crashed and plummeted into the water. now wreckage and more victims have been recovered. also what investigators are learning about a possible cause. cnn's susan candiotti is live on the scene. >>> we begin with president obama in mexico for a summit with the leaders of mexico and canada it's a short trip with a long agenda from drugs an
CNN
Aug 19, 2009 8:00pm EDT
the tv news pioneer don hewitt dead at the age of 86. we thank you for being with us tonight. please join us here tomorrow. we thank you for watching. good night from new york. next, campbell brown. >>> tonight hear the questions we want answered. will the civil war in the democratic party doom health care reform? >> the democrats are imploding. >> the president tries to get on message while his own party tries to get past the in-fighting. >>> will democracy prevail in afghanistan? the polls open in less than three hours and voting could be deadly. >> armed men going house to house. >> in iraq, six coordinated bombings kill nearly 100 people in baghdad. do we pull back too soon? what really happened when the mayor of milwaukee was beaten with a metal pipe? >> things got very, very ugly very, very quickly. >> for the first time, hear from a politician being called here go this is really bad. this is really bad. >> also, the supermodel who fought back against a cyber bully. she sued google and won. find out how her case helped detect you online. and hurricane bill now a categor
NBC
Aug 18, 2009 4:00pm EDT
homes that are now 50% off their peaks or even more. >> reporter: the u.s. economy can't rebound without consumer spending and many economists say the consumer can't start spending until the housing market and employment stabilize. that's why retailers earnings reports are so closely watched. u.s. stocks opened higher this morning with better than expected results from some retailers especially discounters. >> value is still important and as a result you are seeing the value retailers gain shares clearly where the demands are. >> reporter: despite positive number it is recession's impact may be felt for some time. leanne gregg, nbc news. >>> the confidence level in the housing industry this month is the miest it has been in more than a year. >>> one lawmaker described him as a washington constitution. robert novak has died today after a long battle with brain cancer. his wife said he died early this morning at his home in washington. novak had been a columnist for the "chicago sun-times" for decades. he became a household name and face as commentator and co-host of cnn's "crossfire." he
CNBC
Aug 12, 2009 4:00pm EDT
results giving the home builders a boost.qú coming up, toll brothers ceo himself will give us his outlook for the housing market. here's how we finished the day. up side day we ended up the highs of the session but still up 1.27% on the dow. nasdaq the big gainers there the technology names. 1 1/2%. 28 points up side. and the s&p 500 the overall market up more than a full percent, 11 points higher. let's get more on today's action. bob pisani our eye on the floor at the new york stock exchange. hey, bob. >> hello, rebecca. as you mentioned, pretty much status quo on the fomc statement but a little bit of an upgrade on the economy talking about economic activity leveling out. that helped a little bit. let's take a look at some of the big movers. i'm with you, rebecca. i talked all day about toll brothers. the important thing is the company reported orders to buy homes increased 3.3% year over year. that's the first one in four years. one big reason was the cancellation rate only 8 1/2% that's magnitudes of orders better than the quarter before and the do quarters before. that's good news h
MSNBC
Aug 12, 2009 9:00pm EDT
evening. >> good evening. thank you very much for that and thank aut home for staying with us for the next hour. on july 27th, two and a half weeks ago democratic congressman frank cratovil was hanged in effigy outside his congressional office in maryland. the staged lynching, the well tied noose and all was gleefully staged by an antihealth care reform protestor. later that week on august 1st the democratic congressman from texas held a town hall event at a grocery store in austin to talk about health care reform. and antihealth care reform protestor there greeted him with a mock marble tombstone engraved with the congressman's name on it. two days after that on august 3rd democratic congressman brad miller of north carolina reported to the capitol hill police that he had received death threats over his support for health care reform. one antihealth care reform protestor called his d.c. office and told a staffer, quote, miller could lose his life over this. the very next day on august 4th the idea of a democratic congressman being killed because he supported health care reform became a pu
CNBC
Aug 24, 2009 4:00am EDT
'm courtney reagan. in the u.s., more dominoes could fall. more banks could go under before the current crisis ends. >>> hello and welcome to cnbc's "worldwide exchange." let's show you where the session currently is is. the ftse 300, 23 points dipped off the high for the session. european stock markets one hour into the trading day. after making three percentage points gains on monday, we're three points up again today as well. investors put more risk into the stock market. dollar-yen, 94.93. euro-dollar back from highs. cable knowledging back from the highs. euro/sterling, steady. christine, good to see you. >> here in asia, i'll call it the bernanke bounce after the optimistic comments from bernanke over the weekend. saying that the global economy could be coming out of the recession. the nikkei up 2.5%. the kospi, continuing to watch this climb. this market last week climbed sharply. still up 60% year to date. the sensex up 2.4%. overall a strong showing in asia. crude oil seems to be putting on gains, in hopes that a global economy is in order. light crude, $74 a barrel. brent is tacking
CSPAN
Aug 3, 2009 11:00pm EDT
caused many of us to question that while households are tightening their budgets, federal agencies continue to report profit two companies if it were expected and not earned. it is if one had a restaurant and you go to it as a customer. it is if you are a waiter or waitress and charged them with items that you did not ask for. some agencies are giving contractors or were just as poorly, pretty much everything those contractors could want. . . that said, i do believe there can be some possible solutions and some that we may want to pursue. after it was exposed that department of defense contractors were getting reword fees, this estimated in foreign $50 million in savings in the programs were the rollover practice was once used. perhaps, this should be extended to other agencies. i've personally do not see the object of incentivizing worked contractors if we do not know whether they work. in some cases, they do not know what they want out of the contractors that they do business with, let alone how the performance should be delivered. schedules and put -- skills and -- they may be u
CNBC
Aug 21, 2009 3:00pm EDT
that was an important one he was watching, and he says that could mean that the technicals aren't going to take us much higher from here and that you could see some selling pressure come monday. still, the bull thesis remains. as the buck burns, things priced in dollars continue to reflate. we're seeing that also play out in the overall stock market side. on the fundamental side of the thesis, demand looks like it could potentially be improving. remember, earlier this week we got that very bullish inventory report, and john kilduff of mf global says that he's seeing some strength in the markets with stocks moving higher and also with the idea that perhaps really this is a genuine demand turnaround, that we are seeing some genuine strength in the markets. where we're not seeing strength is in natural gas. that is still on the weak side, rick, and it's more of a u.s.-centric story. natural gas versus oil. natural gas is u.s. oil, more world. back over to you in chicago, rick. >> well, thank you, rebecca. and it has been an unreal world in terms of treasuries this week. first of all, volume's been somewha
MSNBC
Aug 25, 2009 11:00pm EDT
tactics here that can be used? i mean, can the rnc recruit the great '60s british rock band the zombies to get this message out? or like every other recording artists, will the zombies wind up for suing the rnc for stealing its songs? >> that's a good point. there actually are republicans that could help us in a zombie outbreak. general colin powell for one. but i don't think they're talking to him right now. >> is there anybody else? is there anyone to turn to in the event of a zombie attack that must inevitably follow in this health care debate, max? >> well, i think a lot of moderate, rational republicans would be great on our team. and they're going to listen to rush instead. >> plus, if the zombies are looking for brains, they'll only eat the democrats. max brooks, the author of "the zombie survival guide." great thanks and give your father my best. >> thank you, sir. >>> that's "countdown" for this, the 2,308th day since the previous president declared mission accomplished in iraq. i'm keith olbermann. and as keith roberts used to sign off, we thank you and we bid you good night.
MSNBC
Aug 24, 2009 9:00pm EDT
and as john charles daly used to sign off, good night and a good tomorrow. now to analyze the gop's new patients bill of rights that defends the kind of health care the president is proposing, ladies and gentlemen, sitting in for rachel maddow, here is allison stewart. >> good evening. thanks so much to you. unfortunately rachel is officially under the weather tonight. we'll do our very best to keep the candle burning. we have a loaded show with big names. we'll have insight on the release of the cia report and dr. howard dean will be here to discuss the rnc's latest health care reform foray and we'll weed whack through the latest antireform myths about the va health care. we'll begin with what's called the big kahuna on this show, a cia report detailing interrogation techniques including torture against prisoners in u.s. custody. the heavily anticipated report was finally made public today after months of delay and the details are significant and kind of gross. the now declassified report is still extremely redacted so large portions look something like this. but the pages that are not
CSPAN
Aug 27, 2009 6:00am EDT
for household. and again, this is an analysis of household, and not businesses. and this is just the u.s. especially as we think of new technology innovations coming on line, five or so years, we think that probably a better situation would be to wait and let them more cost effective technologies come and place your. finally i just want to point to future research. if you're that interested in u.s., shane and i are currently working on doing a similar analysis for other world nations, and you canook for that later this year, if you're particularly interested. thank you. >> will the paper be done by the end of this panel? [laughter] thanks to our next speaker is chris forman who is associate professor in the robert and stevie schmidt term professor of it management of the college of management at georgia institute of technology. he is research interests include adoption and return to it investment among business, with particular interest in the role of geography and standards on the guy of it infrastructure investment. he also sees innovation at the it software industry. >> thanks. what i
MSNBC
Aug 25, 2009 11:00am EDT
. a terrific hour coming your way. daily beast gerald posenor joins us and scott horton, defense attorney rebecca rose-wood land and richard engel in afghanistan and ron allen is with the president in martha's vineyard. we want to start by fast forwarding through the top headlines. in afghanistan four u.s. troops killed in a bomb blast. that brings the death toll to 41 americans killed there this month making it the second deadliest month in afghanistan since the 2001 invasion. >>> canadian police say they have identified the woman who brought ryan jenkins to a british columbia hotel where he eventually committed suicide. police aren't releasing her name. only saying that she is a person of interest in the case. >>> president obama has renominated ben bernanke as the chairman of the federal reserve. now, the president interrupted his week-long vacation on martha's vineyard to make the announcement. >> the financial system on verge of collapse with calm and wisdom and bold action and out of the box thinking that has helped put the brakes on our economic free-fall. >> ben bernanke then prai
CNBC
Aug 12, 2009 6:00am EDT
on policy and the federal reserve. >>> is the worst behind us? a growing number of the nation's top forecasters says the economy has already bottomed. today's market decision, the fed decision, trade data, a majority treasury auction and weekly mortgage applications. crude inventories, earnings from major retailers and much, much more as "squawk box" begins right now. >> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and carl quintanilla. the fed is set to wrap up a two-day meeting this afternoon. it has a policy statement that's expected at 2:15 eastern time. the central bank is widely expected to keep rates on hold for now even though a growing course of directors is looking for the fed to upgrade its comments on the economy. different economists say we could be nearing tend of a recession. the fed is expected to announce a program to buy $300 trillion in treasuries will come to an end in september. >>> a new survey of the nation's economists find ben bernanke should be reappointed to a new term as federal reserve chairman. mea
CNN
Aug 20, 2009 6:00am EDT
for a road map, they might find it in massachusetts. jim acosta is joining us in boston this morning. looking today at massachusetts health care system. this was implemented in former governor mitt romney. >> that's right. of all thing, a republican. and you know, john, earlier this week, the white house took a lot of heat from democrats when it backed away from public option and the plans for health care reform. what do you get when you take the public option out of health care reform, according to some experts, you get romney care. >> reporter: if washington wants to reform health care with bipartisan support, consider what former republican presidential candidate mitt romney did as governor in democratic massachusetts. >> you don't have to have a public option. you don't have to have the government in the insurance business to make it work. >> three years after enacting its own version of reform, massachusetts now has near universal coverage. taxpayer watchdogs say it's affordable. >> the wide spread assumption that is breaking the bank in massachusetts. it's not breaking the bank at all.
CNBC
Aug 26, 2009 6:00am EDT
morning, obviously, ann thompson of cnbc in hyannis port bringing us the news. john harwood is our chief washington correspondent and joins us in d.c. today. john, people are going to immediately turn, at least in the business world, to try and answer questions about what this means for the liberal agenda, business policy going forward. do you see any effects in the short to medium term? >> i doubt it, carl. you know, ted kennedy is, as that statement from barack obama said, the foremost legislator of this time. his career had incredible impact for decades. his family had an even greater impact for an even longer period of time. he's one of 60 votes in the senate. there are many like-minded senators. there are strong committee chairs trying to move health legislation and i think democrats will try to use the emotie emotional bounce and umph from this moment and the grief people are feeling to try to propel this initiative forward. but i don't see a very, very large impact in the short-term or the medium term. democrats are going to end up with another senator from massachusetts, whenever
MSNBC
Aug 12, 2009 11:00am EDT
and one of the men may have a broken leg. >>> u.s. troops in afghanistan launched a new operation to uproot taliban fighters ahead of next week's presidential election. eastern result two is designed to make months of stalemate in the south where the taliban remained entrenched. >>> host of a crime show in brazil is accused of ordering five killings and sent tv cameras to arrive to the scene before police. he faces several weapons charges and drug charge and yet to be charged directly with the murders. >>> a short time ago, president obama hosted a reception for newly confirmed supreme court justice sonia sotomayor. the president praised her and called her an inspiration to many. >> this moment is not just about her. it's about every child who will grow up thinking to him or herself if sonia sotomayor can make it, then maybe i can, too. >> sotomayor is the first hispanic and third woman to sit on the supreme court. i want to introduce this morning my guest co-host, pleased to have back again angela bert-yur murray and will be with me for the hour. >>> one town hall down and two mo
MSNBC
Aug 27, 2009 9:00pm EDT
, right and center agrow on, scare tactics have been used. >> cannot have a government program that is going to pull the plug on grandma. >> republicans have a better solution that will not put seniors in a position of being put to death by their government. >> a lot of people are going to die. this program of government options is going to kill people. >> and no one's trying to scare people with sound bites. i don't know any leaders in the house and the senator who have done that. yeah, strike two. then there was strike three. a republican party mailer being sent across the country with was surfaced online today. called the 2009 future of american health care survey and it claims to be a friendly questionnaire about health care, sent by, rnc chairman michael steele who promises that, of course, no one's trying to scare people, the survey questions about house reform include, "it has been suggested that the government could use voter re h registration. prompting fears that gop voters might be discriminated against for medical treatment in a democratic imposed health care ratio
MSNBC
Aug 12, 2009 7:00pm EDT
of the united states. thanks, fellows, for joining us. earlier, i asked you what you thought. who's a bigger threat to health care reform. 83% said conservative democrats. i'm going to hammer them on this show every night. 17% think the town hall screamers are going to actually have an effect. the conservative democrats, i got now in my cross hairs when it comes to cross hairs. you're wrong, you've got to support the president on a public option. that's it. see you tomorrow. have a great one. >>> rage against the machine. let's play "hardball." >>> good evening. i'm lawrence o'donnell in new york in tonight for chris matthews. leading off tonight, face-off. we now know how to get your name and picture on the front page "the new york times." say something loud and nasty to a senator and they'll put you above the fold. if there is one lesson we've learned from all the angry health care town hall meetings, it is that it's a lot easier to get a crowd of people who are opposed to reform than a crowd in favor. the big question is how many of these noisy opponents have been organized into position
MSNBC
Aug 26, 2009 2:00pm EDT
there's anybody that serves in the u.s. congress now that could possibly be missed by the american people as much as ted kennedy. >> and here with me now, nbc news anchor and managing editor and nightly news anchor and managing editor brian williams. the legacy, when you think about health care, incomplete of course but it was the passion of his life but the issues -- gun control, of course, sparked by the horrible tragedies to his brothers. where do you begin when we talk about what ted kennedy represents domestically and internationally because of his opposition to the war? >> well, we can prove it with a negative. there isn't a major piece of social legislation over the past four decades that wasn't touched by ted kennedy. and, andrea, as you know, being a long-time washington resident covering the scene there, there were fancier committees he could have put his flag in the ground and dug into, but he did a lot of his work on labor and human resources as it was called. decidedly unsexy, but it's work stretched into american life. and he was able to do things for the people he wo
CNBC
Aug 25, 2009 11:00am EDT
there, for-profit education has been a big place on fire. it's up 10%. phil lebeau has more for us and breaking news on cars. hey, phil. >> we do, rebecca. the cash for clunkers program, the deadline for dealers to file paperwork at the federal government has been extended once again. remember, it was originally supposed to end at 8:00 last night. government said listen, we'll extend it until noon for the dealers to file paperwork. now they're saying until 8:00 tonight. because there's so many dealers trying to get paperwork in on the cash for clunkers deal. medical list, that's the latest on the program. we're still waiting for the final number in terms of how many sales, as well as how much of the $3 billion the government set aside will be used up for cash for clunkers. >> and i'm still waiting for cash for fall handbags and purses. >> cash for clunkers, refrigerators, appliances, washing machines. >> handbags and shoes. i can't wait. it's going to be great. >> i just want to check for the news. >> let's talk more about ben bernanke and his renomination. what does it mean for th
CNBC
Aug 31, 2009 9:00am EDT
in the thekd quarter shrank by a more than expected quarter. a lot like u.s., ended up with minus 6 and change from a revised number. hey, we don't have any buybacks until tomorrow. the first of september we'll get a buyback, especially after steve had those great moments with the new york fed governor, dudley. of course, monday nany market participants still say that issuing of debt is a monetization. many don't understand why they don't admit it. as far as the market today, it is trying to annticipate both ap and friday's jobs report. jobs are king. mark haines, back to you. >> santelli, thank you. >>> sell-off in asia overnight which is now impacting us. china's shanghai composite led the pack to the downside dropping 6 3/4%. that is a three-month closing low. the month of august, chinese stocks dropped more than 21%. their second biggest monthly loss in 15 years. hong kong's hang seng lost about 2%. japan's nikkei down .4. after jumping more than 200 points earlier in the session. guy johnson, things a little rocky in europe? >> yes, to say the least, mark. that china story certainly havin
CNBC
Aug 12, 2009 7:00pm EDT
that uncle sam is borrowing too much and spend doing much, which will slow future prosperity and buy us a system toward inflation. in the short run, excess liquidity from the fed may be good for stocks. in the longer term, it is not good for stocks or the economy, or your pocketbook. that's my take. we will talk about this at several points during the show with our fedex expert and our investors. now, first up, let's look at this triple digit gain and go to rebecca jarvis whose has the inside look at stock market central. hello. >> hello, the two day losing streak comes to an end and stocks hit their high just after the statement. you heard it on the economy. things are leveling out. traders read that as stable day, a hint of optimism. bullish news out of toll brothers. they went up 3.05. and we'll talk about it later on the show. you do see the upside all the home buildersment macy's beat expectations and raised guidance and said the new store concepts based more on regional taste are working. it got a big pop and since the march low, it's already up over 100%. from tech land, upbeat r
MSNBC
Aug 12, 2009 5:00pm EDT
congressman david scott have been been confronted by angry constituents and they'll join us in a moment. and remember this woman at senator arlen specter's town hall? >> we are tired of this. this is why everybody in this room is so ticked off. i don't want this country turning into russia, turning into a socialized country. >> her name is katie abrams and she'll be here to explain why she is fighting against health care reform. plus, new evidence shows that karl rove was more deeply involved in the firings of those u.s. attorneys during the bush administration. so is the law finally catching up to rove? "newsweek" investigative reporter michaelis cough will break it down for us, and how did the white house and the democrats get the strategy for justice sonia sotomayor's confirmation vote so right but drop the ball when it came to the message war over health care reform? and finally, president obama awarded the presidential medal of freedom to 16 recipients today, among them senator ted kennedy, sid no poitier, billie jean king and archbishop desmond tootoo of south africa wa. we begin
MSNBC
Aug 14, 2009 1:00pm EDT
humanitarian, forever changing how the u.s. and the world, in fact, treats people with special needs. the special olympic torch led the procession today into the church, where athletes delivered a welcome that moved mourners to tears. noticeably missing today, eunice's brother, senator ted kennedy. he is nearby at the family compound, battling brain cancer. a spokesman for the family said ted kennedy's schedule is, quote, day to day. and right now, eunice's family and close friends are attending private burialed followed by a lunch at the kennedy family compound and a nearby club. nbc's ann thompson is here with me on the cape. ann, who has known the kennedys so many years, who came from this area and has deep roots here, this is really another one of those moments for hyannis. >> i think so. you saw hundreds of people literally lining south street here, catching -- trying to catch a glimpse of the family. and then when they brought out the casket of eunice kennedy shriver, there was applause. and then as each family drove by for bobby kennedy jr., for caroline kennedy and her family
MSNBC
Aug 19, 2009 3:00pm EDT
they're going to have reconciliation, the idea of putting us through with democrats only. they want to hold that over the heads of this deal in order to encourage republicans to stay at the table. >> and what about any reaction yet to the numbers today? 59% of people polled in this quinnipiac poll saying they shouldn't do this alone. they want to see something bipartisan done. >> that's always an answer you're going to get from the public. the public always claims they want a shird party, too, if you ask them. wouldn't it be nice to have a third party to compete. you would get a big number for that, but this is one of those where the result is always going to look stronger and the idea of bipartisanship than reality. i guess i wouldn't take that poll question -- i wouldn't say that that poll question is the be all, end all issue. >> got you. thank you so much. good to see you. >>> and now, "the bigger picture." there's a whole new level of misinformation that seems to be stoking republican protesters showing up at town halls across the country. case in point, last night at a senior
CSPAN
Aug 17, 2009 8:30am EDT
technologically challed by a lapel mic. there we go. welcome, everybody, glad you could join us. we are the largest advocate si group on behalf of the technology industry with 1500-member countries and touch some 16,000 technology companies. and on behalf of all of them, i welcome you here. we have some of our key staff with us today to help us field some of your questions. after i do a quick review kind of the water front of some of the issues still in the policy lean ma on behalf -- arena on behalf of the tech sector. let me introduce those folks in advance so you'll know who we are. on the phone we have the executive vice president who leads our public sector group, that is all the issues having to do with bringing technology. we have bartlett cleland of e health policy, jeff clark who is the acting directer of our state government affairs program. we have ed longnecker, executive directer from the midwest, you'll hear more from him later. with me here in the room, jennifer kerber, second to my left, vice president of federal and homeland security policy. to my immediate left, tr
CNBC
Aug 19, 2009 12:00pm EDT
inventory report has its impact on the market, bob pisani kicks us off with our coverage at the new york stock exchange. hi, bob. >> sue, in fact, those inventory levels did, in fact, move the market, moved energy stocks. but first i want to show you the s&p 500 here very quickly. we hit 990 on the s&p, and it moved up very quickly after that. i think that that was a little area that was very important for a number of traders. that's about where we closed yesterday, and so the bottom line here is, a little more volume here in these exchange-traded funds that track that s&p when it hit 990. remember, the volume is still on the thin side. you look at energy stocks, sue is right, oil inventory showed a draw down. and energy stocks, which by the way, have been basically going sideways for the last several months, also took off here. of energy stocks are the biggest sector in the s&p 500 moving to the up side. finally, deere earnings out, had the conference call. the story is pretty simple. they're expecting break-even earnings in this quarter. we were expecting a gain of 35 cents. the reason
CNN
Aug 30, 2009 9:00pm EDT
and listen to his words. next on this special edition of "larry king live." thank you for joining us. ted kennedy was an american legendment while his last name garnered him attention. his ka rirn the senate allowed him to carve his own legacy. the youngest of nine children he outlived all three of his brothers, joe jr., jack, bobby, he entered the senate in 1962 and over the decades emerged as an influential and iconic figure in the democratic party. i had the privilege of interviewing senator kennedy several times. we often talked about his family legacy and world famous last name. what is it like to be a kennedy, to be a ted kennedy? i mean, you drive around and it is the kennedy center, and then there is the kennedy, and it can never leave you, it can't leave you? and you live and you work here? what is that like? >> well i think the first impression that i have always had is how fortunate i've been to have grown up in a family and been able to learn what i tried to learn and continue to learn, but most of all learned what i did from wonderful parents and great brothers and sisters. m
MSNBC
Aug 27, 2009 12:00am EDT
the inaugural lunch causes concern. >> right now a part of me is with him. and i think that's true for all of us. this is a joyous time. but it's also sobering time. >> still, his cancer battle does not dampen his spirits. >> when the kennedy story is told 100 years from now, it will have to be told as each brother fell the next one took over. so junior died in world war ii. and then jack kennedy became the kennedy to take the banner of political life over for the family. when jack died, it was bobby. and when bobby died, it was teddy. and after they were all dead, he remained on the scene for decades as a public figure, as a senator, and somebody who believed in the causes that they had believed in and tried to carry them forward. >> senator edward kennedy spent decades in congress fighting for liberal causes. his legacy, public service and his concern for america's least powerful. as he said so many years ago, the work goes on, the cause endures, and the dream will never die. that's all for this edition of "headliners and legend," i'm lester holt. thank you for watching. >> teddy. let's play "
MSNBC
Aug 27, 2009 11:00am EDT
the focus quietly turns to who should fill his seat. >>> pirates off the coast of somalia fire at a u.s. navy helicopter but they miss. how will the u.s. military respond? we're following that. we've got breaking news. >>> is governor mark sanford buckling under pressure? we expect to hear from him literally in moments. we'll put the spotlight on other governors who could be shown the door in the next six to 12 months. i'm carlos watson with a terrific show coming your way this hour. massachusetts attorney general potential replacement joins us, another person who figures prominently, former congressman meehan, columnist joe lawrence joins us. we're also joined by retired u.s. army jack jacob. we begin with breaking news, though. at least 18 people are dead after a bomb blast along the pakistan-afghanistan border. a suicide bomber approached a security opponent on foot and detonated explosives. also developing this hour in california, hundreds of firefighters are battling two wildfires in southern california today. millions of nearby residents are being warned about the toxic air levels
CNBC
Aug 15, 2009 8:00pm EDT
of us, me, too, saw our interest rates hiked. money out of our pocket. tough new laws on the way, lenders are on a bender. here with the top ways to cut those credit card costs, senor credit himself, john. going nuts. help us out. wei we want to save money. don't want $10 million in their pockets right. >> now what's the first most important thing to save money on credit card? >> they're going ballistic. make yourself bullet-proof against their outrageous fees. first, score. credit score, the number one way to pay less for your credit card. the way to save money on a credit card debt is to pay less for the money itself. in the world of credit scores, max out at 750-plus to translate that into a lower interest rate on a credit card. could mean 7.9% versus something like 24% or 29.9%. >> a great example. if you owed $10,000 on a card and at the 7% level, you're going to pay a certain a interest versus -- more? >> versus an enormous amount. >> yes. >> you can run some of this. with talk about accounts, run sim laces. but in most cases 2 looks $100 to $200, 10% to 20% when your payme
CNBC
Aug 24, 2009 11:00am EDT
, everybody. ben bernanke says the worst behind us, nouri el rabinny says the chances of a double-dip recession are increasing. we will discuss who is right and who is wrong. >> another 150 to 200 banks will fail because of the current credit crisis and will be joining us live with details. this is the call on cnbc. >>> stocks moving higher in continuation of friday's rally on optimism that the worst of the optimism is behind us, not everyone agrees, including nuriel roub beanie. we will be bringing you more on that later. right now the dow up by .7 of a percent, five straight days in a row we are in the black. as for the s & p 500 up. and the nasdaq in the back. black. >> all big three talking about earnings improving in the next years. cash for clunkers expiring today but other programs traders are starting to get interest n you know, there is cash for appliances, part of the rebate program, rather part of the stimulus program here, $a 50 to $200 rebates for high-efficiency appliances supposed to start in the next month or two, appliance shipments a horrible time, down 15% year
CNBC
Aug 20, 2009 12:00am EDT
this environment. we're going to trade sideways. i think a reasonably tight volatility band. >> give us an example long-short. what are you doing? >> look at deere today. deere came out with good numbers at least they beat. they got to the fourth quarter that wasn't going to be so great. you had the chance to sell deere or come in and short deere and you buy caterpillar. the reason i like that trade is i think caterpillar is much more exposed to the global economy. they get 65%. making machinery for the markets in china. and these guys are outperforming. you can do some trading and find your very inefficient information flow playing in to these stocks. >> do you buy the fact that we should believe china is the canary in the coal mine? that's what took us hostage for the first half -- first half-hour of trading or so. first hour and a half of trading, whatever you want to make of it. >> it's a great question. i do think we can no longer ignore china. sometimes the older generation, which i include myself in -- yes, we didn't consider it. but now we can't ignore it. that's only part of the story. th
CNBC
Aug 24, 2009 5:00pm EDT
happens in california makes the world go round. >> now, no one will tell us how much this ad campaign costs, but it's put together by assemblyman jose similaro, who says that california is losing 11,000 jobs to relocation, but says that's only .5% of jobs here and nevada cannot match the workforce or access to capital. as for fortune 500 companies, california has 51, nevada 2. but in the spirit of reconciliation, salario is taking a page from the president and has invited the governor and mayor here for dinner and a beer. >> jane, you are so funny. that was a great report. jane, thanks so much. we'll see you a little later. jane wells in los angeles. "fast money's" up next. thanks so much for being with us on "closing bell." have a fantastic night and we'll see you tomorrow. goodnight. >>> this is "fast money," live from nasdaq market site in new york city's times square. welcome to america's post-market show. i'm rick santelli. melissa lee is not in this week and i'll try to do the best i can and have a lot of fun with the gang. hey, today's stocks gave up what looked like a spectacu
CNN
Aug 17, 2009 3:00pm EDT
ed henry is in phoenix. he's been at these rallies. he's been following this one for us today and is joining us to bring us up to date on what's going on. you know, i'm curious as i look at this story, as to whether you saw other people in the audience that may have also been carrying guns the way this fellow was. >> reporter: i did, i saw at least a couple weapons, including an ar-15, and it happened just across the street from where i am. there was a large group of obama supporters, they were supporting the president on health care and it was peaceful, you know, there were some protesters across the street shouting things like socialism, et cetera, kind of typical stuff you see outside of some of these events these days. and i happened to wade into the pro-obama side to take some pictures, still photos, and try to interview some people. and all of a sudden, i saw this gentleman who was anti-obama, he was shouting something about socialism, with an ar-15 on his back. it sort of startled me because at first i thought maybe it was some sort of law enforcement officer, and i had
MSNBC
Aug 13, 2009 6:00pm EDT
. >> roger, we're going to have to leave it there. thank you. join us again tomorrow night at 5:00 and 7:00 eastern for more "hardball." right now it's teem for "the ed show." >>> i'm ed schultz, this is "the ed show. good evening americans, live from 30 rock in new york, it's "the ed show." what would jesus do while americans are vocal at town hall meetings, i find it very interesting that christian leaders are silent when it comes to the public option of health care in this country. i'm calling on christian leaders to step up and speak out, two passionate men of the cloth will join me. >>> dick cheney back in the news. he says the statue of limitations has expired on many of his white house secrets. it turns out there was some love lost when bush stopped listening to shooter. >>> sarah palin's doubling down on her death panel scare tactic, accusing the president of misleading you when it comes to end of life care. at the bottom of the hour, the congressman who proposed that very passage in the house bill joins me to separate fact from fiction. >>> also tonight, nbc news has obtained ex
CNBC
Aug 20, 2009 12:00pm EDT
from earlier in the session. two-day dollar index gives us a lot of info, as well. we can't get anywhere near yesterday's levels, and we're now hovering against unchanged, after spending much of today in lightly positive territory. sue, back to you. >> thank you, very much, rick. investors get three key readings on the economy, kind of mixed news today. jobless claims rise, but the latest read on manufacturing coming better than expected. plus, a forward-looking index, measuring the economy's ross protects, rising for a fourth straight month. so what do policy makers make of this? cnbc's steve liesman joins us from jackson hole, wyoming where policy makers are gthed from around the world. >> yes, about 40 bankers are gathered in jackson hole as they do just about every year, going back about 27 years running now. and the title of this conference is financial stability and macro economic policy. but the key issue is obviously the economic crisis. whether or not what the fed has done has worked and where they go from here, where they make the turn. we sat down yesterday, for an ex
CSPAN
Aug 31, 2009 5:00pm EDT
people to the training. if they aren't aware of it and they don't knowow to use it and it's not going to be as effective as you want it to be. assessment programs. we need to be able to assess peoples skill levels in order to figure what kind of training is appropriate for them so they can move into the jobs and careers that they want. i know for example that a lot of states have adopted the work key system that acp has. that's one example of where i think jan on line program that is working within the public workforce system to help people sort of assess their skill levels and help decide what training is necessary. but you need to ve those services alongside on my drink and we also need services to promote persistence and completion and support of systems. as heather mentioned run childcare and transportation to kind of a point on that, you know, on line training does reduce a lot of geographic barriers and it does reduce some of the sort of spatial barriers. but it doesn't reduce them online training does reduce a lot of geographic barriers but does reduce some of the sort of speci
CNBC
Aug 1, 2009 8:00pm EDT
's numbers tell you -- we've got the personal loan and got the credit card debt. >> i think you used the magic word when you said fixed that was the magic word. looking at the difference between fixed debt and rerevolverirevofling debt, it may not be the same tomorrow versus today or yesterday. >> even her credit card agreement say fixed, put everything in double quotes here, they are not, john, right? >> no, laura, listen. your credit card agreement is not an agreement, a piece of paper with words on it that both of you signed. the fixed rate can change tomorrow or change pretty much for any reason, any time any reason rate increases and can happen any time between now and february of 2010 when the card act becomes enforceable law. when that happens then the interest rates you're paying on the credit cards cannot go up and change adversely is the term unless you do something to deserve it. meaning you miss payments, 60 days past due -- >> between now and make a lot of big changes to your credit card. john, when you have personal, you have different kinds of debt, you have to pay att
CNBC
Aug 7, 2009 12:00am EDT
than the financials, other than technology and materials to lead us higher. >> but wait a second. >> i'm not sure. >> we have been sharing leadership along the way. back in may after the stress test, it was the financials. at one point it was energy. then it was all about technology. so we're sharing leadership as we march higher. right now i don't know necessarily if you need one individual sector. you just always need someone to carry the baton.n. >> two weeks ago it was technology. then the financials. that's been our leadership.. now potentially maybe the commodities start to step in. be careful with wells fargo. a lot of puts being bought on n wells fargo today. september 26th puts, traded 30,000 of those. then you look into august, an enormous number of puts there. maybe there's a secondary. do they have to raise money to pay -- >> your trade was wells fargo o today. as joe said, traded up above 29. these were the levels we saw when they priced that a few months ago when the stock was priced at 22.25. ran up to 29. we told you to get out that day. trade sets up easily for me. tha
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